A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.

Search Payments News

May 14, 2024

On the wires

April 10, 2024

On the wires

October 17, 2023

On the wires

August 18, 2022

On the web

Wirex Introduces SEPA Instant and Faster Payments as Top-Up Methods

PR Newswire

“Wirex, the leading crypto platform, has made it easier than ever for users to top-up and withdraw from their accounts with the introduction of new payment methods. The addition of SEPA Instant and Faster Payments will mean customers in the UK and EEA can transfer British Pounds and Euros more easily between their Wirex and bank accounts…In the coming weeks, Wirex will roll out Plaid, an additional, well-known top-up and withdrawal method across the UK, EEA and US regions.”

August 4, 2022

On the web

Wirex Credit Launches in UK and Expands Crypto Collateral Options

PR Newswire

“Wirex, a leading crypto and payments ecosystem, has expanded the Wirex Credit program to new regions and developed additional features. Their crypto-back credit lines are now available to UK users and has added WXT as a token to be used as collateral. Having launched last month on the Wirex app, Wirex Credit has become a hugely popular option for users wanting to easily and quickly borrow crypto-backed credit lines of up to $100,000. Wirex Credit is currently available to users in Europe and Asia and with today’s announcement, for UK customers as well.”

July 5, 2022

On the web

Wirex Launches Crypto-Backed Credit

PR Newswire

“Wirex, the leading payments platform, has launched Wirex Credit, offering highly competitive interest rates and no origination fee for crypto-backed loans. Users can easily borrow up to $100,000 in stablecoins, with a loan to value (LTV) of up to 80% within the Wirex app. Crypto loans have become hugely popular in recent months due to their advantages over traditional loans. Wirex’s core aim is to bring the benefits of DeFi to the mass market, and Wirex Credit adds new use cases for crypto to their 5 million customers.”

May 24, 2022

On the wires

Wirex and Polygon Collaborate for Launch of New Payment Method in India on Mass-Market Wallet

“Wirex, a leading crypto payments company, is expanding the suite of top-up methods on their non-custodial wallet for Indian customers. The addition of this popular payment option to purchase crypto will make the digital economy more accessible for over 1 billion people in India. The Wirex Wallet is available globally and was created to make the benefits of DeFi available for everyday users. Considered one of the most accessible wallet products available, it offers an industry-leading user interface and high level of convenience, allowing users to manage over 100 different cryptocurrencies and NFTs from their mobile device. Wirex prioritises security, with resilient multi-computation (MPC) technology as well as a unique, keyless access system using biometrics.”